US military has significantly depleted its stockpile of key missiles during the war with Iran and created a “near-term risk” of running out of ammunition in a future conflict should one arise in the next few years, via CNN citing sources

The report indicates that the U.S. military's missile stockpile has been significantly depleted due to ongoing operations in Iran, raising concerns about readiness for future conflicts. This situation could create upward pressure on commodity prices, particularly for defense-related materials and energy sectors, as markets react to potential supply disruptions and heightened geopolitical tensions.